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Ajlovez7

Turkey to bring its own digital currency!!

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All these central currencies in order to try to overthrow Bitcoin and control it will be a failure like the Bitcoin Libra coin, in the end everyone will admit that Bitcoin is a major technological revolution in the twentieth century.

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many countries thinking to launch there own crypto currencies and some country banning crypto currencies i hope crypto ligal in future worldwide

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On 11/7/2019 at 9:04 PM, Ajlovez7 said:

Recently chinese Government announced about its plans for their own digital currency. Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira. what u guys think more countries will enter the race or not ?

this is a technology competition, I am just happy if the concept of digital currency starts to be made, this might make it easier for transactions in various countries. maybe what I'm confused about is the way things work and the buying and selling process and the determination of value, because I'm sure every country has selfishness that might be a little chaotic.

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Turkey has long been known for being famous for investors in bitcoin. It was to be expected that Turkey would contribute to the cryptocurrency and blockchain community. I think that many countries will follow. 

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On 12/22/2019 at 11:35 PM, mani982 said:

If Turkey release its own Crypto Then this is the revolution in crypto industry .turkey is big country and effect on European country.other Countries will also starts accepting Bitcoin.

Yes, you are right .  This is proof that crypto coins are starting to get a place in various countries but this will not affect Bitcoin and Altcoin (the TOp coin anyway).  Contributing to inflation and so that Bitcoin remains an asset not controlled by any party is a good sign

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This is a good step for them to adopting it and create a new crypto coin for their own, there objectives is to need to adoot it by their citizens to be a successful like bitcoin to help them in terms of money and also it helps their economic status to be high.

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That's is very good news, also it is very good for the country to own their own cryptocurrency because it will help them to grow economy

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On 11/7/2019 at 10:04 PM, Ajlovez7 said:

Recently chinese Government announced about its plans for their own digital currency. Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira. what u guys think more countries will enter the race or not ?

Maybe more countries will go with this as they find crypto currencies are getting more in demand which can help economic growth.

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Before two or three years ago there was a cryptocurrency coin released and it's symbol showing related to my country. But later it's market was fell down.

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Guys this has been a trend as you can see in the screenshot below, some might think it is a good thing, but it is not it is a centralization process of the crypto world.

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This is one of the great news.Turkey brings owm cryptocurrency.This is also great opportunity for all Turkish crypto users.They can work and earn money with their own coin

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I've heard that maybe 2030 there will only be 10 currencies and most of it is digital money, cryptocurrency, or currencies that use the blockchain system or something like that.

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yes i also read this news from a blog . if this is happend then it is a great news for turkey . after realse digital currency it may be attract many new investers and this is help in developement of the country .

Edited by gourav789

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On 11/7/2019 at 10:04 PM, Ajlovez7 said:

what u guys think more countries will enter the race or not ?

More countries would follow for sure, From China to them, the race is indeed happening. Though it might not be that good for Bitcoin's market, since they are doing their own cryptocurrency, which would be decentralized, monitored, cashless, and could potentially open up a reason for legislators to pass a bill/law banning Bitcoin and other decentralized cryptocurrencies.

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I do not hear any news about coin and crypto official news from turkey government.if this will happen then it will become the good step in crypto and blockchain many other country also follow this trend.

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Yes that is possible because many people is aware about cryptocurrency. China is creating their coin because they know it will work in the future. So they trying create cryptocurrency for their people. Maybe other country will following to create also before late. But the problem is cryptocurrency will going much on circulation, so maybe in the future will going hard to make transaction if the cryptocurrency is still on centralized not decentralized.


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Right now china working new digital currency which Yuan and now turkey also creating new digital currency than that will be great news. If every country make their own currency than that will great.

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On 11/7/2019 at 7:34 PM, Ajlovez7 said:

Recently chinese Government announced about its plans for their own digital currency. Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira. what u guys think more countries will enter the race or not ?

Yes it has big chances that more countries would generate their on coin. Country like USA which is self respected country and that would not want to be stay behind other countries. Also countries which are always busy in disputes with others they would generate their own coin for safety purposes.

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Firstly Chinese government do not accept this coins. But they accept. Also we know many other countries have they also do not accept right now. Future definitely will be accept this coin all countries in the world. Because everyday increase digital currency popularity.

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Its own digital currency.  I wonder if it would be decentralised as well. If it is not decentralised, I don't see need or even if there is any difference, that the already existing e currency version of the fiat currency. Hopefully these govts would understand that logic.

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On 1/20/2020 at 5:03 PM, Igitty said:

Nowadays each country is like come up with their be in possession of coins. perhaps every single one countries will compete in creation this, we bottle not predict it all. visibly we obtain seen that a number of countries enclose on track it.
 

Each country want to bring it own coin. Now about 9 countries are having their coins. Is this good for the world of cryptocurrencies?

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On 12/22/2019 at 11:13 AM, Hatred said:

That's good to know that many countries are now accepting cryptocurrency in their market. I hope it continue for us to become legal around the world.

Yes, you are right if the cryptocurrency becomes legal in our country then those who have launched the cryptocurrency illegally will have many threats and no fear of being scammed.

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I think there will be countries that follow China and Turkey. A country that thinks ahead will surely follow the steps of making its own digital currency.

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On 11/7/2019 at 7:04 PM, Ajlovez7 said:

Recently chinese Government announced about its plans for their own digital currency. Now race has started between countries for digital currency of countries. another country turkey may enter the race by creating national own digital currency name as Lira. what u guys think more countries will enter the race or not ?

Boss the popularity of bitcoins or crypto currency increase day by day, the different world country shocked due to crypto currency popularity and watch out next movement of crypto. I listen that the group of 5 different country launch own digital currency with own blockchain.

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